NOT LISTED FOR SALE

72 Summer Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $440,000 - $628,000

Studio
-- Bath
2,058 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $176,000 $86 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $3,625/month

21 Days on Market

About This Home

As of May 2019

This home is located at 72 Summer Ave, Newark, NJ 07104 since 30 January 2019 and is currently estimated at $552,855, approximately $268 per square foot. 72 Summer Ave is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and McKinley School.

Last Agent to Sell the Property

CECILIA QUELOPANA

C-21 SEMIAO & ASSOCIATES Brokerage Phone: 973-344-2100 Listed on: 01/30/2019

Last Buyer's Agent

Janethe Cruz

NIGITO REAL ESTATE LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,307 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4867065
  • Attribution Contact: 973-344-2100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 15X100
  • Total Acres: 0.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Marmora Anthony M and Marmora Merilyn
Bought by
Anapan-Lavalle Hector A
Current Estimated Value
$552,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$237,406
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$315,449

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 13, 2019
Sold by
Yerkes Francesca
Bought by
J & E Smart Investments Llc
Seller's Agent
CECILIA QUELOPANA
C-21 SEMIAO & ASSOCIATES
Buyer's Agent
Janethe Cruz
NIGITO REAL ESTATE LLC
List Price
$179,900
Sold Price
$176,000
Premium/Discount to List
-$3,900
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%

Purchase Details

Closed on
Aug 4, 2016
Sold by
Lbnj Llc
Bought by
Forest Hills Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Black Trident Investments Llc

Purchase Details

Closed on
Jul 15, 2009
Sold by
Ramos Luis A
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jan 3, 2005
Sold by
Tigrero Sixto
Bought by
Ramos Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,925
Interest Rate
5.81%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2003
Sold by
Federal National Mortgage
Bought by
Mountain View Lakes Consul

Purchase Details

Closed on
Mar 8, 2001
Sold by
Persad Tara
Bought by
Faison Deborah Davy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,870
Interest Rate
6.93%

Purchase Details

Closed on
Jan 3, 1992
Sold by
Burgos June E and Burgos Mendez,Awilda
Bought by
Aleman Francis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anapan-Lavalle Hector A $280,000 Maguire Title
J & E Smart Investments Llc $176,000 --
Forest Hills Holdings Llc $62,000 Ctl Title Ins Agency Inc
Black Trident Investments Llc $51,500 Fidelity Natl Title Ins Co
Hsbc Bank Usa National Association -- None Available
Ramos Luis $199,000 --
Mountain View Lakes Consul $97,000 --
Faison Deborah Davy $114,600 --
Aleman Francis $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anapan-Lavalle Hector A $266,000
Previous Owner Forest Hills Holdings Llc $650,000
Previous Owner Ramos Luis $195,925
Previous Owner Faison Deborah Davy $108,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2019 05/14/19 Sold $176,000 -18.1% $86 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
01/31/2019 01/31/19 Sold $215,000 +19.5% $104 / Sq Ft View Prior Sale
01/30/2019 01/30/19 For Sale $179,900 -10.0% $87 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $199,900 +99.9% $97 / Sq Ft
07/01/2015 07/01/15 Sold $100,000 -- $49 / Sq Ft View Prior Sale
Source: Garden State MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,063 $243,100 $19,800 $223,300
2024 $9,063 $243,100 $19,800 $223,300
2022 $9,082 $243,100 $19,800 $223,300
2021 $6,281 $168,200 $19,800 $148,400
2020 $6,392 $168,200 $19,800 $148,400
2019 $4,513 $120,000 $19,800 $100,200
2018 $4,432 $120,000 $19,800 $100,200
2017 $4,272 $120,000 $19,800 $100,200
2016 $4,128 $120,000 $19,800 $100,200
2015 $3,971 $120,000 $19,800 $100,200
2014 $3,721 $120,000 $19,800 $100,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    CECILIA QUELOPANA

    C-21 SEMIAO & ASSOCIATES

  • M

    Seller's Agent in 2019

    MAUREEN DEVORE ROSA

    ROSA AGENCY

  • J

    Buyer's Agent in 2019

    Janethe Cruz

    NIGITO REAL ESTATE LLC

    (973) 902-2728

    3 in this area

    31 Total Sales

    Janethe Cruz
    Section Image

  • A

    Buyer's Agent in 2019

    ANTHONY MARMORA

    VILLAGE SQUARE REALTORS

  • R

    Seller's Agent in 2015

    RUBEN MORALES MATEO

    XCHANGE REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3528622

Garden State MLS

APN: 14-00485-0000-00042

New Jersey Essex County Newark 07104 Seventh Avenue

72 Summer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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